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RE: Is There A Problem With The Reward Pool?

in #steemit8 years ago

Before the last hard fork, the total pool fund was over 1.6 million STEEM. It had been building up since the previous fork that reset the pool and moved to a 7-day payout and 30-day average.

With the recent changes, that excess pool is being allocated and it will continue to drop until it reaches equilibrium with the fixed daily amount based on the inflation rate. Once it reaches that equilibrium, I'm not sure how it will affect the 30-day average for payouts. Just off the top of my head, I don't see how that average would work without a fund that exceeds the daily amount being created and allocated.

Such are the hard forks around here. They just do stuff without considering the consequences, it seems...even when some people tell them what the consequences will likely be.


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hmmm, I think we should try for a 1.5 million pool on average if we can, that would be 50k rewards a day. Now it is getting a little low. Yep, I read your posts/comments before the forks, and I see your concern for the 4x vote is now the hot topic of self-voting.